This is what happens with backdoor tax hikes.

[originalpckelly]

Oh you may hear George Bush moan on and on about how he lowered taxes, but what he really did was raise them. A very clever scheme has been developed in this nation, whether intentional or not.

Just think about it, when the government raises taxes, all the rich people lose their money forever. When the government cuts taxes, but does not have a corresponding spending cut, the rich can buy treasury securities to fund the debt. They not only get their money back some day, but they get interest too.

Sounds like a pretty damn good deal to me. No wonder they want lower taxes. :P